Science Inventory

VALUING ACID MINE DRAINAGE REMEDIATION IN WEST VIRGINIA: A HEDONIC MODELING APPROACH

Citation:

WILLIAMSON, J. M. AND H. W. THURSTON. VALUING ACID MINE DRAINAGE REMEDIATION IN WEST VIRGINIA: A HEDONIC MODELING APPROACH. The Annals of Regional Science. Springer Berlin/Heidelberg, , Germany, 42(4):987-999, (2008).

Impact/Purpose:

publish information

Description:

States with active and abandoned mines face large private and public costs to remediate damage to streams and rivers from acid mine drainage (AMD). Appalachian states have an especially large number of contaminated streams and rivers, and the USGS places AMD as the primary source of water-quality degradation in the region. In order to appropriately characterize costs and benefits of proposed restoration projects, stakeholder groups and policy makers alike are interested in estimating the impacts associated with AMD impairment, such as loss of recreation activities or impacts on property values. In this article we use a hedonic price model that incorporates a distance-to-impaired stream measure in order to estimate the willingness-to-pay (WTP) for the cleanup of AMD impaired waterways in the Cheat River Watershed of West Virginia. We derive non-use values for AMD using 21 years of housing sales data, spanning 1985 – 2005, and use geographic information systems (GIS) to link housing market sales data with stream water quality. The results indicate that property values with one-quarter of a mile of an AMD impaired streams were reduced by 13.5% or $5,299.

URLs/Downloads:

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Record Details:

Record Type: DOCUMENT (JOURNAL/PEER REVIEWED JOURNAL)
Product Published Date: 12/01/2008
Record Last Revised: 03/05/2010
OMB Category: Other
Record ID: 165724

Organization:

U.S. ENVIRONMENTAL PROTECTION AGENCY

OFFICE OF RESEARCH AND DEVELOPMENT

NATIONAL RISK MANAGEMENT RESEARCH LABORATORY

SUSTAINABLE TECHNOLOGY DIVISION

SUSTAINABLE ENVIRONMENTS BRANCH